News Release

New Business Management Book Sheds Light
on Black Holes in Organizations

May 1, 2007

RICHMOND HILL, ON, May 1, 2007 - Corporate Streamlining Company Inc., a contract services company specializing in helping organizations operate as management intended them to, today announced the release across North America of Black Holes in Organizations, by Ron Lutka CMA, ACIS, P.ADM., CorpS. The book investigates the internal destruction of organizations and shows management how to identify and eradicate debilitating and destructive forces that often exist under management's radar.

According to Statistics Canada: "Almost half of the firms in Canada that go bankrupt do so primarily because of their own deficiencies rather than externally generated problems."

Corporate Streamlining has identified the most significant contributor to the internal destruction of organizations - "black holes" that, like termites, eat away at the organization, weakening its foundation. "Black holes - essentially, small repetitive failures that occur in volume unbeknownst to management - cause large problems, dim the aspirations of many executives and bankrupt companies," said Lutka, President of Corporate Streamlining.

In his new book, Black Holes in Organizations, Lutka identifies the causes of black hole-creating items and outlines the steps organizations can take to eradicate them. "The indifference to simple yet essential basic activities allows an accumulation of failures to occur unnoticed until at some late point the damage manifests itself on the financial statements, in operations, and elsewhere," Lutka writes.

Lutka's company, Corporate Streamlining, has developed Corporate Streamlining Technology®, which addresses organizations at the micro level and helps them identify and eradicate black-hole creating items. Corporate Streamlining also conducts in-house courses to train streamliners on the characteristics of black holes and on techniques to identify and eradicate them.

Articles on Black Holes in Organizations written by Lutka have been published in Canadian Treasurer, the magazine of the Treasury Management Association of Canada and CMA Management, the magazine of the Society of Management Accountants.

Lutka will be the luncheon speaker at the InterDoc Symposium June 4, 2007 at the Mount Stephen Club in Montreal. His topic will be black holes in organizations. To register call Marie-Anne Grondin at 514-849-7338 or email magrondin@interdoc.com.

Book Specifics
Business & Economics / General
Trade Paperback
Publication Date: May-2007
Price: $19.95 CDN
Size: 6 x 9
Author: Ron Lutka
ISBN: 0-595-42536-4
180 Pages

To order:
Available from publisher iUniverse, Inc.: 1-800-AUTHORS or www.iuniverse.com. Also available from Ingram Book Group, Baker & Taylor, Amazon, Chapters and other online booksellers. Or visit www.blackholebook.com to order, or read the executive summary.

About Corporate Streamlining: Privately held and actively helping companies since 2000, Corporate Streamlining (www.corporatestreamlining.com) personnel are trained specialists in identifying and eradicating failures of simple yet essential basic activities that choke organizations. Their objective is to help organizations operate as management intended.

Media Contact:
Ron Lutka
President
Corporate Streamlining Company Inc.
146 West Beaver Creek Road, Unit 2
Richmond Hill, ON L4B 1C2
416-605-9778 ph
author@blackholebook.com
www.blackholebook.com

Full media kit and promotional copy of book available upon request.

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